Wait for the H4 fresh demand zone break then we can continue to short this pair to lower.
Powell speech schedule on Friday US session. Based on studies it may stop dovish plan and create more hawkish fed plan. I am expecting gold to drop further next week.
Note
gold may create more high before drop
Note
Current price is align with fibo 0.382 retrace golden ratio zone. Shall wait for the price move first before do anything.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.